USDCAD Potential Risk Off Re-bound
Price has fallen from repeated highs as Risk Off sentiment wanes.
Preferring long ATM on current re-bound. Risk off continuation is reasonably likely and would probably spell a continued move back to highs in the near term.
Anything lower, constitutes longs also.
Preferring long ATM on current re-bound. Risk off continuation is reasonably likely and would probably spell a continued move back to highs in the near term.
Anything lower, constitutes longs also.
Note
Lock in early gains.Note
Weakness in USD as risk off pauses. Still long biased, lightly.
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Free Pro Multi Asset Trading Guide:
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Free Discord Secret Server:
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Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.